9514 1404 393
Answer:
- average cost = 7x -5 +100/x
- marginal cost = 14x -5
Step-by-step explanation:
The average cost is the total cost divided by the number of units produced:
average cost = C/x = 100/x -5 +7x
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The marginal cost is the derivative of the total cost function.
marginal cost = -5 +14x
